crime-related insurance products News

New York Regulates Crime Insurance Underwriting of Firms Hiring Ex-Convicts

New York Governor Andrew Cuomo on Wednesday issued a regulation making it easier for businesses to hire former convicts by prohibiting insurance companies from refusing coverage for crime-related losses caused by employees. The commercial crime insurance regulation, the first of …

Berkley FinSecure Forms Berkley Crime Unit

Berkley FinSecure, a W .R. Berkley company based in Towson, Md., has launched Berkley Crime, an operating unit focused solely on offering crime-related insurance products. The crime underwriting team of Berkley FinSecure, which was originally established in 2008 as part …